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LATEST NEWS & EVENTS Policy on mergers 'may follow Labour route'  The new coalition government's policy on mergers and acquisitions could be similar to the approach taken by the Labour Party, industry commentators have suggested. Writing for the Times, partner at Finsbury Rory Chisholm and independent economist Keith Boyfield noted ideas championed by Lord Mandelson while he was business secretary are generating support in government, despite the regime being Conservative/Liberal Democrat. These include an increased threshold for shareholder approval of bids, public interest tests for takeovers of infrastructure and utility companies and the 2002 Enterprise Act legislation that final decisions on most UK mergers must be made by the Office of Fair Trading and the Competition Commission. "Intriguingly, despite the election outcome, early indications are that merger policy may move in the direction proposed by Labour and Lord Mandelson," the pair stated. The Liberal Democrat/Conservative coalition was formed following last month's general election, which failed to secure an outright majority for David Cameron's party. 
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